After months of anticipation and speculation, we finally know what the Trump administration’s first stab at tax reform looks like.
The president has released the broad strokes of his tax proposals in a single-page outline that included these highlights:
We’re a long way from knowing how many of these proposals will survive under the congressional knife. For now, this is what we have.
We also have the usual suspects examining the proposals and offering analyses and educated guesses about what the proposals would mean for individual and corporate taxpayers. We’ve collected a few of them here.
Read up, then settle in for what promises to be a long and bumpy negotiation.